Selling or buying a Florida dental practice
Overview
Selling or buying a Florida dental practice is a six- to seven-figure transaction with regulatory, lease, employment, and tax implications that templates don’t capture. We handle the entire deal — from the first non-binding LOI through closing — and we structure it so the things that matter twelve and twenty-four months later are protected today.
What we handle
- Letters of intent (LOIs) and memoranda of understanding
- Asset purchase agreements (APAs) and stock / membership-interest purchases
- Associate and partner buy-in agreements
- Transition services and post-closing clinical engagement
- Commercial-lease assignment, modification, or new lease negotiation
- Employment, restrictive-covenant, and clinical-staff transitions
Common pitfalls we plan around
- Non-compete language that’s overbroad on the seller side or unenforceable on the buyer side
- EBITDA add-backs that look defensible until a buyer’s diligence team disputes them in month four
- Lease assignment terms that hand the landlord leverage over the deal
How Can Our Team Help You to Reach Your Goals
Pre-LOI (2–6 weeks)
Valuation, broker engagement (optional), buyer screening, initial financial normalization. Most leverage exists here — set the foundation that the LOI then captures.
LOI (1–2 weeks)
Letter of intent negotiation. Economic terms lock here; later documents rarely change them. Set exclusivity, diligence period, and binding-vs-non-binding provisions deliberately.
Due Diligence (4–8 weeks)
Financial diligence (EBITDA add-backs, A/R quality), legal diligence (lease, employment, restrictive covenants), clinical diligence (patient retention assumptions, equipment condition). Surprises here re-open the LOI economics.
Definitive Agreement (3–5 weeks)
Closing (1 day)
Funds wire, document signing, license-transfer coordination, lease-assignment signing, transition plan goes into effect. Often coordinated alongside the SBA-financing draw.
Post-Closing (3–24 months)
Seller transition (typically 3–12 months), earn-out monitoring if applicable, integration of staff and patient communications, and tail-end indemnification windows.